20 lines
864 B
Markdown
20 lines
864 B
Markdown
**Economic Democracy** is a philosophy and [school of
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thought](Ideology "wikilink") that is closely related to and overlaps
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with [libertarian socailism](Libertarian_Socialism "wikilink"),
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particulary [mutualism](mutualism "wikilink"). Economic Democracy argues
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that capitalism fails to meet its stated goals, which can only be fixed
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through abolishing various economic hierarchies (notably in the
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workplace and finance) and creating democratic economic organisations.
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This is to be done with the creation of co-operatives (mainly worker,
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consumer and financial) financial reform, legal reintroduction of the
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commons and universal basic income. It was largely developed among
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economists and philosophers in the
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[US](United_States_of_America "wikilink") in the late 20th century.
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## Key Ideas
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### Criticisms of Society
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### Proposed Solutions
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### Ideas for Reform |